$AXS

15m chart is showing a sharp breakout from the 1.14 area, with price now holding around 1.24. The main thing I’m watching is whether 1.24 stays supported after the spike.

Long setup.

Entry: $1.232 – $1.240

TP: $1.250 – $1.255 – $1.260 – $1.2663 – $1.2738

SL: $1.2085

Price is sitting above the 7 MA at 1.2396, while the previous high at 1.2663 is the obvious resistance. A pullback that holds around the current area would keep this setup interesting; losing 1.2085 would weaken the structure.

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